Aston Martin Lagonda Global (LON:AML) Stock Price Down 12.6% – Should You Sell?

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) fell 12.6% on Friday . The company traded as low as GBX 58.50 ($0.78) and last traded at GBX 58.55 ($0.78). 9,364,873 shares traded hands during mid-day trading, an increase of 181% from the average session volume of 3,334,297 shares. The stock had previously closed at GBX 67 ($0.89).

Analyst Ratings Changes

A number of research firms have weighed in on AML. Citigroup lowered their target price on Aston Martin Lagonda Global from GBX 96 to GBX 75 and set a “neutral” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. lowered their target price on Aston Martin Lagonda Global from GBX 75 to GBX 62 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Aston Martin Lagonda Global from GBX 90 to GBX 85 and set a “hold” rating on the stock in a report on Monday. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Aston Martin Lagonda Global currently has an average rating of “Hold” and an average price target of GBX 74.

Aston Martin Lagonda Global Price Performance

The firm has a 50 day moving average price of GBX 75.40 and a 200 day moving average price of GBX 75.48. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The stock has a market cap of £621.89 million, a P/E ratio of -210.45, a P/E/G ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX (14.60) EPS for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. On average, analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

Aston Martin Lagonda Global Company Profile

Aston Martin’s vision is to be the world’s most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity.